Meta has announced a new enterprise AI platform, positioning its AI stack for business customers. The company hired MongoDB CEO Chirantan "CJ" Desai to lead the initiative, according to reports from TechCrunch and CNBC.
The platform will include tools such as Muse, Meta's personal AI assistant, alongside Meta Business Agent, Muse API, and Muse Code. Desai said the platform aims to turn Meta's AI models and agents into deployable products for companies, helping Meta generate returns on its AI investments.
MongoDB's shares fell more than 17% on the news of Desai's sudden departure. The database company named Dev Ittycheria as interim CEO while it searches for a permanent replacement. Both sources confirm the stock drop, though TechCrunch provides the specific percentage.